[ad_1]
In other words, investors will get Rs 8 for each share with a nominal value of Rs 10 and they will get 10 new shares for every 100 shares.
This dividend will be paid for the 2019-20 fiscal year ending June 30. This information was announced on the Dhaka Stock Exchange (DSE) website on Tuesday.
This year’s dividend must be approved at the general meeting on December 24. That is why the registration date is December 1.
Shares in ACI Ltd rose on the news of the dividend. While the stock was trading at Tk 254.30 on the Dhaka capital market on Monday, it was trading at Tk 263.20 on Tuesday.
In the 2019-20 financial year ending June 30, ACI Limited posted a loss of Tk 18.45 per share, while the net value per share stood at Tk 138.7 paise.
Shares of the company, which was listed on the stock exchange in 1986, are currently traded in category ‘A’.
In fiscal year 2018-19, ACI Limited incurred a loss of Tk 64.20 crore. As dividends, investors paid Rs 10 per share and 15 new shares for 100 shares.
The company has 5 crore 63 lakh 72 thousand 958 shares in the capital market. Of this, 35.28 percent is in the hands of the directors.
In addition, institutional investors have 36.61 percent and general investors 26.11 percent.
The current market capitalization of ACI Limited is Tk 1,498.99 crore. The paid capital of the company is Tk 56.36 million rupees; The reserve amount is 74 crore 26 lakh taka.
[ad_2]
